What are two conflicts of interest faced by an Investment Advisor who is employed by a commercial bank or an investment bank? Given his fiduciary responsibility to his clients, how can these conflicts be avoided or resolved?© BrainMass Inc. brainmass.com December 20, 2018, 10:43 am ad1c9bdddf
Conflicts of interest
The conflicts that could come are many:
- The investment advisor could hide the bank's interest in a certain investment (i.e. whether the bank stands to gain from additional investment or the bank is already servicing the investment as a client). This fits along the lines of having to service two clients at ...
This is a comprehensive (with references!) look at the conflicts of interest faced by an investment advisor.